Omnicom Group Inc

Common Name
Omnicom Group
Country
United States
Sector
Communication Services
Industry
Advertising Agencies
Employees
74,900
Ticker
OMC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Omnicom Group Inc. is a leading global provider of advertising, marketing, and corporate communications services. As a holding company, it oversees a diverse portfolio of agencies specializing in adve...

Omnicom Group's Climate Target Data Preview

As of 2023, Omnicom Group has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Omnicom Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Upstream Leased Assets (Cat. 8)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030

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Insights into Omnicom Group's Greenhouse Gas Emissions Pathways

As of 2023, Omnicom Group has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories. a

Does Omnicom Group have a target to reduce its total carbon footprint?

As of 2023, Omnicom Group has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Omnicom Group's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 568,132 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 46.2% by 2030. a

As of 2023, Omnicom Group is ahead of schedule on its total carbon footprint reduction target, having achieved 65.26% of the planned reduction. a

Omnicom Group's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2019202320300150 k300 k450 k600 kBaselineCurrent (-30%)Target 2030 (-46%)

Verified Sources Behind Omnicom Group’s Climate Targets Data

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